Stereotaxis Stock Price on March 4, 2024
| STXS Stock | USD 2.30 0.05 2.13% |
Below is the normalized historical share price chart for Stereotaxis extending back to August 12, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Stereotaxis stands at 2.30, as last reported on the 29th of April, with the highest price reaching 2.39 and the lowest price hitting 2.27 during the day.
If you're considering investing in Stereotaxis Stock, it is important to understand the factors that can impact its price. Stereotaxis appears to be very risky, given 3 months investment horizon. Stereotaxis owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.057, which indicates the firm had a 0.057% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Stereotaxis, which you can use to evaluate the volatility of the company. Please review Stereotaxis' Semi Deviation of 3.61, risk adjusted performance of 0.0413, and Coefficient Of Variation of 1911.23 to confirm if our risk estimates are consistent with your expectations.
At this time, Stereotaxis' Common Stock Shares Outstanding is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 90.6 K in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 33.6 M in 2024. . At this time, Stereotaxis' Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 7.32 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (6.48). Stereotaxis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of August 2004 | 200 Day MA 1.9568 | 50 Day MA 2.681 | Beta 1.342 |
Stereotaxis |
Sharpe Ratio = 0.057
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Estimated Market Risk
| 4.58 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Stereotaxis is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Stereotaxis by adding it to a well-diversified portfolio.
Price Book 13.6186 | Enterprise Value Ebitda (10.06) | Price Sales 8.3138 | Shares Float 58.6 M | Wall Street Target Price 4.6 |
Stereotaxis Main Headline on 4th of March 2024
Stereotaxis Announces Regulatory Submissions of the MAGiC Ab... by globenewswire.com
ST. LOUIS, March 04, 2024 -- Stereotaxis , a pioneer and global leader in surgical robotics for minimally invasive...
Stereotaxis Valuation on March 4, 2024
It is possible to determine the worth of Stereotaxis on a given historical date. On March 4, 2024 Stereotaxis was worth 2.72 at the beginning of the trading date compared to the closed value of 2.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stereotaxis stock. Still, in general, we apply an absolute valuation method to find Stereotaxis' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Stereotaxis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stereotaxis' related companies.
| Open | High | Low | Close | Volume | |
| 2.89 | 2.89 | 2.50 | 2.70 | 571,876 | |
03/04/2024 | 2.72 | 2.74 | 2.58 | 2.61 | 328,178 |
| 2.50 | 2.65 | 2.31 | 2.43 | 581,293 |
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Stereotaxis Trading Date Momentum on March 4, 2024
| On March 05 2024 Stereotaxis was traded for 2.43 at the closing time. The top price for the day was 2.65 and the lowest listed price was 2.31 . The trading volume for the day was 581.3 K. The trading history from March 5, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 6.90% . The trading price change against the current closing price is 4.60% . |
Stereotaxis Fundamentals Correlations and Trends
By evaluating Stereotaxis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Stereotaxis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stereotaxis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Stereotaxis Stock history
Stereotaxis investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Stereotaxis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stereotaxis will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Stereotaxis stock prices may prove useful in developing a viable investing in Stereotaxis
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 80.7 M | 84.7 M | |
| Net Loss | -22.6 M | -23.7 M |
Stereotaxis Quarterly Net Working Capital |
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Stereotaxis Stock Technical Analysis
Stereotaxis technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Stereotaxis Period Price Range
Low | March 4, 2024
| High |
2.72 | 2.61 |
Stereotaxis April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Stereotaxis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stereotaxis shares will generate the highest return on investment. By undertsting and applying Stereotaxis stock market strength indicators, traders can identify Stereotaxis entry and exit signals to maximize returns
| Accumulation Distribution | 19163.68 | |||
| Daily Balance Of Power | (0.69) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 2.66 | |||
| Day Typical Price | 2.64 | |||
| Price Action Indicator | (0.11) | |||
| Period Momentum Indicator | (0.31) |
Stereotaxis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Stereotaxis' price direction in advance. Along with the technical and fundamental analysis of Stereotaxis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stereotaxis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0413 | |||
| Jensen Alpha | 0.1413 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0378 | |||
| Treynor Ratio | 0.2099 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stereotaxis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Stereotaxis Stock please use our How to Invest in Stereotaxis guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Stereotaxis Stock analysis
When running Stereotaxis' price analysis, check to measure Stereotaxis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stereotaxis is operating at the current time. Most of Stereotaxis' value examination focuses on studying past and present price action to predict the probability of Stereotaxis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stereotaxis' price. Additionally, you may evaluate how the addition of Stereotaxis to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
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| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
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| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |
Is Stereotaxis' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stereotaxis. If investors know Stereotaxis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stereotaxis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 0.332 | Quarterly Revenue Growth (0.38) | Return On Assets (0.29) | Return On Equity (0.77) |
The market value of Stereotaxis is measured differently than its book value, which is the value of Stereotaxis that is recorded on the company's balance sheet. Investors also form their own opinion of Stereotaxis' value that differs from its market value or its book value, called intrinsic value, which is Stereotaxis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stereotaxis' market value can be influenced by many factors that don't directly affect Stereotaxis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stereotaxis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Stereotaxis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stereotaxis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.